Major League Baseball team owners unanimously approved the sale of the San Diego Padres to an investor group led by private equity billionaire José E. Feliciano and his wife and business partner, Kwanza Jones. The league officially announced the approval on Monday following a vote by the ownership group.
The acquisition marks a transition in ownership for the San Diego franchise. The investor group, spearheaded by Feliciano and Jones, assumes control of the team following the unanimous consent of the league's existing owners.
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